Mar 17, 2010, 04.33 PM IST
Healthcare and IT solutions provider Religare Technologies Ltd has acquired the healthcare business of Sobha Renaissance Information Technology Private Ltd.
Sobha Renaissance is a company promoted by the founder of Sobha Developers . The financial terms of the acquisition were not disclosed.
Sobha Developer stock price
On December 12, 2013, Sobha Developers closed at Rs 335.90, down Rs 5.35, or 1.57 percent. The 52-week high of the share was Rs 472.40 and the 52-week low was Rs 214.10.
The company's trailing 12-month (TTM) EPS was at Rs 21.83 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 15.39. The latest book value of the company is Rs 215.85 per share. At current value, the price-to-book value of the company is 1.56.
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